SGX And NSE Resume Discussion On Potential Collaboration In GIFT IFSC

Singapore Exchange (SGX) and the National Stock Exchange (NSE) have resumed discussions on a potential collaboration in Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC).

SGX and NSE will jointly engage and consult relevant stakeholders on the proposed collaboration.

Pending the outcome of the discussions, the Learned Arbitrator has granted a deferment of the arbitration proceedings between SGX and IISL, the National Stock Exchange (NSE)’s index company. The directions under the arbitration order remain effective.